Interview Questions.

Top 100+ Peachtree Accounting Interview Questions And Answers

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Top 100+ Peachtree Accounting Interview Questions And Answers

Question 1. What Is Peachtree Accounting?

Answer :

Peachtree Accounting is business control software program published by Sage Software and sold generally inside the United States. There have been numerous generations of software offered beneath the Peachtree Accounting call.

Question 2. What Is Peachtree Multi-consumer Value Pack?

Answer :

Peachtree Complete Accounting Multi-person Value Pack definitely is the "multi-user" license, that permits you to run Peachtree on an unlimited range of workstations within a local location community. That is why value percent is more high priced however most cost powerful choice. The retail stores promote single-person best, for you to not paintings in a multi-consumer environment.

Project Management Interview Questions
Question three. Can We Share Peachtree Data?

Answer :

Absolutely yes, information sharing is one of the most important motives you need Peachtree. Peachtree Accounting software is designed with SME in mind. It supports small corporations with as much as five users sharing data on a community. When your enterprise grows larger, you can then upgrade to Peachtree 2003 that is designed for medium to massive corporations. Or when you have a huge firm you could attempt different applications along with Business Works or MAS-90 Accounting Software.

Question four. Our Company Has More Than One Branch Office, How Can We Connect Them Together In Peachtree?

Answer :

One choice is to rent a leased line and connect the web sites collectively to grow to be one community. For those groups requiring greater specified security, v6 & v6 Plus Time and Billing have extra big security options. Other alternatives might be to apply PC Any where or setup a Virtual Private Network through the usage of the net.

Project Management Tutorial
Question five. How To Remove Peachtree Version 5.0?

Answer :

Follow those steps to delete Peachtree five.0. (Do no longer use Windows Uninstall to delete Peachtree).

Using Windows Explorer, delete the paw50.Ini report. This is positioned in your home windows directory: c:windowspaw50.Ini.
Using Windows Explorer, delete the path where Peachtree is set up: c:pttrial is the default.
Empty your recycle bin.
Turn off your laptop for 30 seconds.
Restart your laptop.
Install Peachtree the Peachtree CD. You ought to be able to do a "Standard" installation. If you do not get a "Standard" set up alternative, you probably did now not delete the 2 files proven in practise 1 and a pair of.
General Accounting Interview Questions
Question 6. Can Peachtree Help To Track Costs Of Projects?

Answer :

In the Peachtree merchandise, process monitoring is a general feature. Peachtree Complete, Time & Billing has a greater designated job costing functions, which allows segment and price codes.

Question 7. How To Fix Error Code 430 When Starting A Peachtree Wizard Application?

Answer :

In most instances a required issue turned into no longer registered at some stage in installation or in the course of the application update. To accurate this you want to:

Restart the laptop
Close any packages opened on begin up.
Open Windows Explorer.
In the Application Folder double click on on the primary DLL (If you do not see the 'dll' extension study the segment below) file.
If the 'Open With' window pops up click on on Other and then select the C:WindowsSystemregsvr32.Exe (If you cannot discover this file click regsvr32.Exe.)
Put a take a look at mark next to 'Always use this program to open this type of report.'.
Select the regsvr32 or Microsoft Register Server report from the list. Click Ok.
The message field should say 'succeeded.' then click OK.
Double Click on all documents that cease with dll besides wizsys.Dll.
Restart the Computer.
If you cannot see the file extensions:

From Windows Explorer, Click on View, Folder Options.
Click at the View Tab.
Under Hidden Files: Click subsequent to Show All Files.
Remove the take a look at mark subsequent to 'Hide file extensions for known record sorts.'
Click Ok.
Financial Management Tutorial Financial Accounting Interview Questions
Question 8. How To Correct Peachtree File System Error 54?

Answer :

From our revel in, while you face file gadget mistakes 35 whilst using Peachtree, probably it's due to the truth that the Peachtree data folder isn't available. Here's how to troubleshoot this problem.

Troubleshooting file machine mistakes 35 on a community:

Check if you may browse the community and you've sufficient person rights for the Peachtree information folder
Check when you have mapped the Peachtree data as a network drive like P:, make certain P: is gift. Otherwise, you need to map the community drive again.
Question nine. How To Create An Item Type Using Peachtree Software Under Item Maintenance?

Answer :

Just enter the descriptive data in the Item Type field and keep the Item itself. The new Item Type will appear as an available access for any future item creation.

Book Keeping Interview Questions
Question 10. We Have Peachtree Accounting For Our Business. We Just Purchased A Building And Want To Know If We Can Set Up A Second Company To Pay The Bills And Keep Track Of Rents?

Answer :

Yes create a new business enterprise and you can do it in Peachtree as properly i'm quite an awful lot certain approximately this.

Question 11. Tell Me What Is Peachtree Premium Accounting For Construction?

Answer :

Sage software's release of peachtree premium accounting for Construction is custom designed mainly for the wishes of subcontractors, contractors and operations managers in the construction enterprise. Small creation companies and character contractors both use construction enterprise-specific features like task costing, constant property monitoring, progress billing and advanced budgeting to govern charges, music costs and arrange billing. Peachtree additionally makes enterprise specific variations for accountants, vendors, producers and non-earnings groups.

Financial Management Interview Questions
Question 12. What Are The Tasks Which Are Managed By Peachtree?

Answer :

Peachtree enables comptrollers and executives to automate and manage severa accounting responsibilities, like:

? Reconciling accounts payable and receivable.
? Creating economic statements, check invoices.
? Tracking banking transfers and payroll.
? Importing and manipulating spreadsheets.
? Integrating scanned documents like tests, receipts and invoices, removing paper from the accounting process.

Project Management Interview Questions
Question 13. How Would You Remove Peachtree Version five.0?

Answer :

Follow those steps to delete Peachtree 5.0. (Do not use Windows Uninstall to delete Peachtree):

? Using Windows Explorer, delete the paw50.Ini report. This is positioned in your home windows directory: c:windowspaw50.Ini.
? Using Windows Explorer, delete the course wherein Peachtree is mounted: c:pttrial is the default.
? Empty your recycle bin.
? Turn off your computer for 30 seconds.
? Restart your computer.
? Install Peachtree the Peachtree CD. You need to be capable of do a "Standard" installation. If you do now not get a "Standard" install alternative, you did now not delete the two documents proven in instruction 1 and 2.

Question 14. Can Peachtree Manage Your Accounts Payable Without Affecting The General Ledger?

Answer :

Yes, your organization is initially installation, in Peachtree, you may pick both the accrual or cash basis of accounting. If installation on the cash foundation, you may input dealer invoices when they're obtained with out affecting the overall ledger. The widespread ledger is affected best while the invoice is paid. This same foremost applies to purchaser invoices as well. This function lets in the user to let the system assist manage money owed receivable.

Question 15. Which Peachtree Product Is Cheaper If Your Company Has Several Computers?

Answer :

If you have 2 or 3 computer systems, you could purchase a duplicate of "Peachtree Complete" for every laptop. However, when you have three or extra computers related in a network, the "Peachtree Complete Value Pack" may be the nice desire.

Auditing Interview Questions
Question sixteen. How Can You Correct It, If You Get File System Error 54?

Answer :

From our revel in, when you face document device error 35 whilst the use of Peachtree, likely it's miles because of the fact that the Peachtree data folder isn't to be had. Here is how to troubleshoot this hassle. 

Troubleshooting record systerm error 35 on a network:

? Check if you can browse the community and you've enough person rights for the Peachtree information folder.
? Check if you have mapped the Peachtree statistics as a network power like P:, make sure P: is present. Otherwise, you need to map the network force once more.

Question 17. How Can You Correct It If You Get An Error Code 430 When Starting A Wizard Application?

Answer :

In most cases a required issue changed into now not registered for the duration of installtion or in the course of the utility replace.
To accurate this you need to:
?Restart the computer
?Close any programs opened on start up.
?Open Windows Explorer.
?In the Application Folder double click on on the first DLL (If you do no longer see the 'dll' extension examine the segment under) file.
?If the 'Open With' window pops up click on on Other and then pick the C:WindowsSystemregsvr32.Exe (If you can't discover this report click regsvr32.Exe.)
?Put a take a look at mark subsequent to 'Always use this application to open this form of report.'.
?Select the regsvr32 or Microsoft Register Server document from the list. Click Ok.
?The message box must say 'succeeded.' then click on OK.
?Double Click on all documents that stop with dll besides wizsys.Dll.
?Restart the Computer.
If you can't see the file extensions:
?From Windows Explorer, Click on View, Folder Options.
?Click at the View Tab.
?Under Hidden Files: Click subsequent to Show All Files.
?Remove the test mark subsequent to 'Hide report extensions for regarded file kinds.'
?Click Ok

Management Accounting Interview Questions
Question 18. Can Peachtree Track Inventory Using The Fifo Costing Method?

Answer :

Yes. Peachtree supports FIFO, LIFO and common costing for stock gadgets.

General Accounting Interview Questions
Question 19. Tell Me Can Peachtree Help You Track Costs On Your Projects?

Answer :

In the peachtree products, process tracking is a popular function. Peachtree Complete, Time & Billing has a extra targeted activity costing features, which lets in phase and fee codes.

Question 20. How Would You Display Account Names When You Print Or Display Reports?

Answer :

You can set a clear out option in order that journal reviews add a column for an account call.

Follow those steps to feature an account name to the Cash Disbursements Journal:

? Open one among your Peachtree companies. From the menu bar, click on on Reports, Accounts Payable, highlight the Cash Disbursements Journal, then click on at the Screen icon.
? Click at the "Fields" tab. Scroll down the listing, till you see "GL Account Description." Click on the container to position a take a look at mark in it. Then, click on on OK. The Cash Disbursements Journal presentations with a further column for "Account Description."
? Use those steps for different reviews. Once you click on the "Fields" tab after deciding on both Screen or Print, you may be able to upload a "GL Description" for most reports.

QuickBooks Interview Questions
Question 21. Tell Me How Will Peachtree Generate Your Standard Reports More Efficiently?

Answer :

Peachtree accounting has a report institution function. Once this is installation, the user can run the file group and wait till the method completes. This typically takes a long time, so we propose you attend to different obligations until the Report Group is finalized. 

Question 22. Tell Me Is It Possible To Customize Forms And Reports With Peachtree?

Answer :

Yes. With peachtree's integrated form/record dressmaker, you could personalize paperwork and reports to fit your specific wishes. Powered with crystal record for peachtree, many complicated forms and reports can be created.

Question 23. How Can Peachtree Print A Schedule Of Accounts Payable Or Receivable?

Answer :

You can use peachtree's getting old reviews to show or print facts this is contained in a Schedule of Accounts Payable or Schedule of Accounts Receivable.

Follow those steps to display a report just like a Schedule of Accounts Receivable:

? Open one in all your peachtree companies. From the menu bar, click on Reports; Accounts Receivable; scroll down the document listing, then highlight Aged Receivables; then click at the Screen icon.
? Click at the "Fields" tab. Then, click on "Deselect All."
? In the "Show" column, click on Customer ID, Customer Name, Amount Due. Then, click on on OK. Your display presentations a file this is similar to a Schedule of Accounts Receivable. For a Schedule of Accounts Payable, follow similar steps.

Finance Interview Questions
Question 24. Can Peachtree Handle The Accrual Calculation Which Is Rather Complex?

Answer :

Development of payroll deductions and accruals may be very flexible. The consumer can write a formulation for the deduction or accrual and define whether or not it have to seem at the pay-stub.

Financial Accounting Interview Questions
Question 25. Tell Me How Flexible Is The Financial Reporting In Peachtree?

Answer :

The monetary declaration design feature may be very bendy. The user can outline what's going to appear on every row and also each column. The consumer can also display columns which are a end result of calculations.

Question 26. How Would You Reindex Peachtree Files?

Answer :

If Peachtree information will become inaccessible you can recover the documents by way of reindexing the files.

Steps to run integrity check and reindex Peachtree documents.

? Close your Peachtree System and choose run from the Start menu.
? Type "C:PeachwPeachw.Exe -i" and press the button "Yes", wherein "C:Peachw" is the folder your Peachtree is located. Peachtree will open.
? Select the "Integrity test" from the FILE menu.
? The message will remind you to backup your files. Press the button "Backup" to make a copy of your records, or you may simply press "hold" to ignore the message.
? You will see another screen, click on at the box "Reindex documents" and pick the documents you want to reindex, then press OK. The manner will take a few minutes relying on the scale of the files.

Accounts Receivable Interview Questions
Question 27. How Would You Connect The Branches Of Your Company Together In Peachtree, If Your Company Has More Than One Branch Office?

Answer :

One alternative is to hire a leased line and connect the web sites together to grow to be one network. For the ones corporations requiring extra detailed protection, Plus Time and Billing have greater big safety options. Other alternatives might be to use PC Anywhere or setup a Virtual Private Network by way of the usage of the net.

Book Keeping Interview Questions
Question 28. Tell Me Can You Share Peachtree Data?

Answer :

Absolutely, records sharing is one of the foremost motives you need peachtree. Peachtree accounting software program is designed with SME in mind. It supports small companies with up to 5 customers sharing information on a community. When your commercial enterprise grows larger, you could then upgrade to Peachtree 2003 which is designed for medium to massive companies.

Question 29. How Would You Correct This When Wizard Application Prompts You For Your Peachtree Password But Does Not Accept Your Password?

Answer :

The way passwords have to be entered into wizard programs has modified, considering the fact that Peachtree Release 6 Batch 01. If you're having these troubles, just actually follow the proper steps beneath for entering your password. 

Peachtree Accounting for Windows Release 5 Batch 04

? Enter your password.
? Passwords are case sensitive.
Peachtree Complete Accounting for Windows Release 6
Peachtree Complete Accounting for Windows Plus Time and Billing Release 6 Batch 03 
Peachtree Accounting for Windows Release 7
Peachtree Complete Accounting for Windows Release 7
Peachtree Accountinf for Windows Relasse eight
Peachtree Complete Accounting for Windows Release 8
? Enter you UserIDPassword.

Accounting Principles Interview Questions
Question 30. What Should You Do If You Lost Your Peachtree Shared Drive?

Answer :

If you have lost your shared pressure, then follow those steps for mapping a shared power for workstations in a community environment:

? Right click at the "Start" button, run the Windows Explorer. Press the button for network drive mapping or select [tools] from the menu bar and pick out the [map a network drive] choice.
? Select a drive letter together with P: and type the course of the peachtree server, like server name proportion name, in which server name is the call of your server and percentage name is the call of the shared useful resource you set, by using default it's the name of the folder. Also mark the checkbox "Reconnect on logon" in order that this connection stays after reboot.




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